ASIAN MARKET IS BIT POSITIVE AND NIFTY MARCH IS TRADING AT A DISCOUNT OF 73-80 POINT.
MARKET BREATH IS NEGATIVE ,FRESH SHORT BUILD UP IN BANKING AND FINANCIAL SERVICE SECTOR,SO IT WOULD BE BETTER TO WAIT AND WATCH.
VIEW.
NIFTY LEVEL IS BELOW 5050 WHICH IS 200 DMA DOES NOT HOLD IT WOULD BE BETTER TO GO SHORT WITH SL OF 5100.
ALSO CRUCIAL LEVEL IS 4800-4900-5050-5100,
FOR INTRA DAY GO LONG FROM LOWER LEVEL AND IF NIFTY DOES NOT HOLD 5050 O SHORT MARKET COULD TEST PREVIOUS LOW OF 4500,SO BE CAUTIOUS AND HAVE A NICE TRADING DAY.....
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